Indicators of economy in Caribbean small states

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GDP per capita: 19,904 USD (PPP: 38,624 intl$) · Total GDP: 90.3 billion USD (2024)

Income and purchasing power

The average monthly income in Caribbean small states is 1,480 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Economic performance 2024

Indicator Value Per Capita
GDP 90.34 billion USD 19,904 USD
Gross National Product (GNI) 17,762 USD
GDP (PPP) 38,624 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 90.34 19,904
2023 79.53 17,597
2022 78.51 17,456
2021 62.69 13,995
2020 53.32 11,957
2019 62.19 13,996
2018 61.25 13,897
2017 59.69 13,671
2016 58.07 13,377
2015 62.55 14,498
2014 64.08 14,948
2013 62.06 14,577
2012 60.43 14,291
2011 56.83 13,527
2010 53.05 12,711
2009 47.91 11,554
2008 57.30 13,890
2007 49.74 12,135
2006 44.33 10,883
2005 38.22 9,439
2004 33.60 8,234
2003 30.59 7,551
2002 27.74 6,903
2001 26.50 6,648
2000 25.63 6,477
1999 23.39 5,960
1998 21.64 5,559
1997 20.07 5,199
1996 16.94 4,424
1995 15.73 4,145
1994 14.79 3,929
1993 13.82 3,699
1992 14.24 3,843
1991 13.95 3,792
1990 13.57 3,714
1989 12.61 3,469
1988 12.75 3,530
1987 12.33 3,440
1986 11.77 3,307
1985 13.79 3,907
1984 13.69 3,908
1983 13.19 3,794
1982 13.29 3,852
1981 11.98 3,497
1980 10.88 3,200
1979 8.41 2,492
1978 6.78 2,024
1977 5.94 1,787
1976 4.94 1,498
1975 4.82 1,474
1974 4.20 1,296
1973 3.17 987
1972 2.73 858
1971 2.46 781
1970 2.27 731
1969 2.15 704
1968 1.98 660
1967 1.93 655
1966 1.76 609
1965 1.66 584
1964 1.55 555
1963 1.45 531
1962 1.36 508
1961 1.27 487
1960 1.17 455

Largest economic sectors

The main economic sectors in Caribbean small states play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Caribbean small states Per Capita

Household debt and deficits 2024

Indicator Caribbean small states
Government debt 24.55 billion USD (27.2% of GDP)
Household debt 42.69 billion USD (47.2% of GDP)

Corruption in Caribbean small states

The Corruption Perceptions Index for 2024 will be displayed here once the data is available. This section will show the country's ranking and trends in corruption perception.

Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 7.6%
2024 7.5%
2023 7.5%
2022 8.3%
2021 9.7%
2020 10.0%
2019 8.2%
2018 8.6%
2017 8.2%
2016 8.5%
2015 8.2%
2014 8.6%
2013 8.9%
2012 9.0%
2011 8.8%
2010 8.8%
2009 9.2%
2008 7.9%
2007 8.2%
2006 8.7%
2005 10.0%
2004 10.3%
2003 11.5%
2002 11.3%
2001 11.2%
2000 11.7%
1999 12.5%
1998 13.0%
1997 13.6%
1996 14.2%
1995 14.7%
1994 16.1%
1993 16.8%
1992 17.0%
1991 16.3%

Frequently Asked Questions

What is the GDP per capita of Caribbean small states in 2024?

The GDP per capita of Caribbean small states is 19,904 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 38,624 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Caribbean small states?

The main economic sectors in Caribbean small states include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

Explore key economic indicators of Caribbean small states including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Caribbean small states's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Caribbean small states's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026